Barclays expects back-to-back Fed hikes while G20 leaders press for action against China's trade surplus.

The entities involved

• FED →

  business

  • US-Iran truce aims to reopen Strait of Hormuz amid global monetary policy shifts and oil price drops.Mon 17:37
  • Iran closed the Strait of Hormuz, halting petroleum liquids movement and raising inflation concerns, which Donald Trump views as a potential solution.Mon 16:16
• G20 →

  group of finance ministers and central bank governors

  • India's finance ministers participated in the G20 meeting to discuss global economic cooperation and growing finance ties.Mon 16:55
  • Scott Bessent hosted G20 finance ministers in Asheville, where he announced sanctions on Iran and pressured the G20 to cut off Iran's lifelines.Mon 15:30
• China →

  cultural region, ancient civilization, and nation in East Asia; mostly refers to the People's Republic of China in political situation and rarely refers to the Republic of China

  • The European Central Bank is forced to raise interest rates due to energy price shocks from the Iran war and an influx of Chinese exports.Mon 17:49
  • The Middle Corridor, linking Central Asia and Europe, is gaining significance in regional trade and energy routes.Mon 17:06

Related events

• G20 members are pressuring the bloc to address China's trade surplus and re-examine trade terms with Beijing ahead of a future summit.Aug 30
• Fed hikes aim to contract demand while FTC seeks injunction against deceptive advertising and G20 pushes against China's trade surplus.Sep 2
• Scott Bessent criticized China's trade surplus during G20 discussions.Sep 2
• Global tariff measures target Chinese goods as G20 discussions address external surpluses and China's trade isolation.Sat 08:53
• Fed focus on inflation and BoC signaling rate hikes influence global market sentiment and investment flows.Sep 17